Warby Parker Inc’s recently made public that its Chief Financial Officer Miller Steven Clive unloaded Company’s shares for reported $0.27 million on Mar 04 ’25. In the deal valued at $23.52 per share,11,684 shares were sold. As a result of this transaction, Miller Steven Clive now holds 204,727 shares worth roughly $4.17 million.
Then, Gilboa David Abraham sold 202,968 shares, generating $4,772,513 in total proceeds. Upon selling the shares at $23.51, the Co-Chief Executive Officer now owns 24,089 shares.
Before that, Blumenthal Neil Harris sold 150,000 shares. Warby Parker Inc shares valued at $3,659,758 were divested by the Co-Chief Executive Officer at a price of $24.40 per share. As a result of the transaction, Blumenthal Neil Harris now holds 22,569 shares, worth roughly $0.46 million.
Telsey Advisory Group reiterated its Warby Parker Inc [WRBY] rating to an Outperform in a research note published on February 28, 2025; the price target was $30. A number of analysts have revised their coverage, including ROTH MKM’s analysts, who began to cover the stock in late February with a ‘”a Neutral”‘ rating. Citigroup also remained covering WRBY and has decreased its forecast on February 05, 2025 with a “Sell” recommendation from previously “Neutral” rating. Evercore ISI revised its rating on January 17, 2025. It rated WRBY as “an In-line” which previously was an “an Outperform”.
Price Performance Review of WRBY
On Monday, Warby Parker Inc [NYSE:WRBY] saw its stock fall -0.49% to $20.35. Over the last five days, the stock has gained 0.35%. Warby Parker Inc shares have fallen nearly -15.94% since the year began. Nevertheless, the stocks have risen 76.96% over the past one year. While a 52-week high of $28.68 was reached on 01/31/25, a 52-week low of $11.46 was recorded on 03/13/25. SMA at 50 days reached $24.82, while 200 days put it at $19.37.
Levels Of Support And Resistance For WRBY Stock
The 24-hour chart illustrates a support level at 19.82, which if violated will result in even more drops to 19.29. On the upside, there is a resistance level at 20.74. A further resistance level may holdings at 21.13. The Relative Strength Index (RSI) on the 14-day chart is 31.57, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.71, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 84.61%. Stochastics %K at 15.56% indicates the stock is a buying.
How much short interest is there in Warby Parker Inc?
A steep rise in short interest was recorded in Warby Parker Inc stocks on 2025-02-28, dropping by -0.67 million shares to a total of 9.47 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 10.14 million shares. There was a decline of -7.08%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on November 19, 2024 when Telsey Advisory Group resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $26.
